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- LoopNet Team
160 W 500 N
Heber City, UT 84032
Rocky Mountain Multi-Family · Land For Sale
·
1.19 AC
INVESTMENT HIGHLIGHTS
- Fully Approved Project
- Foundation, Main Floor, and infrastructure to be utilized for future development
- 35 Unit Approval (32 Units in Current Plan)
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Residential | Total Lot Size | 1.19 AC |
| Zoning | COSZ/R-3 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 1.19 AC |
| Zoning | COSZ/R-3 |
DESCRIPTION
The Rocky Mountain Condos are a fully approved project with dual entitlements allowing For Sale or For Rent product. The current plan incorporates up 32 Units including 3 Affordable Housing Units. However, a plan with up to 35 Units has been pre-approved by Heber City. The dual entitlements allow for either For Rent or For Sale product to be built. The current plan contemplates utilizing the existing infrastructure, foundation, first floor structure, and adding a second story. The property is centrally located with walkable access to amenities, and excellent access to major thoroughfares. Heber City is experiencing rapid growth with a lack of housing supply.
PROPERTY TAXES
| Parcel Number | 00-0005-6924 | Improvements Assessment | $0 |
| Land Assessment | $950,000 | Total Assessment | $950,000 |
PROPERTY TAXES
